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Business Account - 3 Directors

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38 minutes ago, fordy9 said:

Does anyone know of a bank that offers a business account for a limited company with 3 directors?.


Most banks offer accounts for 'upto 2 directors', however, we have 3 of us.



Which banks have you tried so far?  I can't remember if HSBC had multiple directors permitted.








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I believe Metro Bank allow up to 4 directors as I saw that many options available on a form I was competing with them.


However, you might need to have your company registered for about a week before opening up an account with them to allow them to run the required checks.

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Darren - Yes they do thanks.


Derek - They do but they need a face to face meeting to set up and closest to Newcastle is Peterbrough, thanks anyway.


Costs are a bit steep for a business account, all we're doing is using it to hold the cash ready for a property purchase then to purchase materials / bills etc then when we sell all proceeds of sale will be paid back into the account.


HSBC want £750 a year for that, seems ridoculous!

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  • 8 months later...

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